115 King Street West, North Bay | Image 1

115 King Street West

North Bay

  • Commercial

$XXX,XXX
For Sale

Added 4 hours ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R3

  • Age: 51-99 years

  • Taxes: 3661.5

  • MLS®#: X11896997

  • Added: Dec 19, 2024 (4 hours ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: Royal LePage Northern Life Realty, Brokerage

This fully updated legal duplex is situated in a prime central North Bay location, offering excellent value for investors or those looking to live in one unit while renting out the other. Renovated in 2007, the property features an open-concept design with high ceilings, durable tile flooring throughout, modern kitchens, updated bathrooms, and convenient in-unit laundry for each unit. Efficient hot water in-floor heating and ductless AC keeps costs low and comfort high. The 2-bedroom unit is currently vacant, freshly repainted, and move-in ready, while the 1-bedroom unit is occupied by a reliable long-term tenant at $1,124.20/month (utilities included). The property also boasts 4 parking spaces on an interlocked driveway, perfect for tenants and visitors, along with dedicated storage space for each unit in the on-site storage shed. This well-maintained property delivers solid numbers and a strong return on investment. Don't miss out on this excellent opportunity to own a turnkey duplex in a well established area of North Bay!

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: North Bay

  • Availability Date: Flexible

  • Assessment Amount: $225,000

  • Assessment Year: 2025

Inside

  • Bathrooms: 2

  • Air Conditioning: Other

  • Washrooms: 2

Building

  • Basement: N

  • Heat Type: Radiant

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: PLAN 57 PT LOT 56

  • Taxes: $3,662

  • Insurance Fee: 2914

  • Hydro Expense: 1476

  • Heat Expenses: 1356

Land

  • Cross Street: 115 KING ST W - cros

  • Municipality District: North Bay

  • Parcel Number: 491550271

  • Sewer: Sewers

  • Lot Depth: 39.6 Feet

  • Lot Frontage: 66 Feet

  • Zoning: R3

Commercial Specific

  • Total Area: 1517

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

Map of 115 King Street West, North Bay
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